Cheapest tariff on the market!

We've created the cheapest energy tariff on the market. It's not
on price comparison sites and beats everything on price comparison
sites. Read the press release.

PRESS RELEASE - 11th November 2014

People power campaign by The Big Deal and The Sun
creates THE CHEAPEST ENERGY on the market

extraenergy tariff is £949 taking energy bills back to
the level they were in 2009

Today (11 November 2014) The Big Deal and The Sun announce that
their people power campaign has created THE CHEAPEST ENERGY TARIFF
on the market. At £949 a year, the tariff from leading independent
supplier extraenergy is cheaper than any tariff on switching
sites.

On 21st October The Sun and The Big Deal launched their people
power campaign to save money on energy bills via a collective
switch. Energy companies were asked to offer their lowest energy
tariff for The Big Deal's 30,000 members.

extraenergy created the lowest tariff on the energy market as of
today (11 November 2014). The extraenergy deal costs £949 a year
and is £11 cheaper than the best tariff on switching sites. People
who have never switched before could save on average £244. And
those who currently pay their bills via cash or cheque could save
on average £316 by switching to this direct debit tariff. It
reduces energy bills to the level they were over 5 years ago when
Gordon Brown was Prime Minister and Ed Miliband was Energy
Secretary.

The dual fuel tariff will save the average family who has never
switched before £244. It is available only for Big Deal members and
is not available on price comparison sites. People can take the
tariff until 6pm on Friday 28th November. To do so they need to
visit www.thisisthebigdeal.com where they can sign up to The Big
Deal obligation free and get all the details of how to take the
deal. They will also be shown a whole of market comparison before
they choose whether to switch.

The membership of The Big Deal is made up of people who have
been let down and ripped off by the energy market for too long.
Over 60 per cent have never or hardly ever switched before.

Ed Davey, Secretary of State for Energy & Climate Change said:
"The Sun's campaign has resulted in a great deal for consumers.
I've been pushing collective switching from day one and The Sun's
deal shows the power of people clubbing together and demanding the
best price from from energy suppliers."

Daniel Jones, consumer editor of The Sun, said: "We're delighted to
deliver the cheapest energy tariff on the market for Sun readers.
It will put hundreds of pounds back into families' pockets."

Will Hodson, Co-founder of The
Big Deal, said: "People power has delivered. And more importantly
it's delivered for people who have been let down by the energy
market for too long. Huge credit must go to The Sun for doing
something so substantial for their readership. And huge credit must
also go to extraenergy for not only having some of the best deals
in the market at the moment, but going the extra mile for consumers
for this collective switch."

Geoff Childs, Managing Director of extraenergy, said: "extraenergy
is pleased to be offering Sun readers the cheapest dual fuel tariff
on the market. We are passionate about saving customers money. By
ensuring our operations are lean and efficient, we have
consistently offered the cheapest tariff on the market for the past
few months. We are confident we can continue to do this in the
coming years and that has to be good news for energy
consumers."

For further information contact Henry de Zoete on 0203 463 0820
/ henry@thisisthebigdeal.com

Notes to editors:

Full details of the deal

The extraenergy collective switch tariff is for dual fuel online
customers including Economy 7 (customers must highlight they are
Economy 7 during application journey). The tariff is for Direct
Debit payment only and includes paperless six-monthly billing. All
applications are subject to a credit check. Extra Energy does not
currently offer the Warm Home Discount. Big Deal members who
receive the Warm Home Discount will be contacted directly about
their options.

The deal is fixed for a year and the termination fees are £25 per
fuel. This is about industry standard or a touch lower. First
Utility, Green Star Energy and Ovo charge £30 per fuel. Npower and
British Gas charge £50 per fuel. But Eon charges £5 per fuel.

The price of the deal will vary across regions and depend on
levels of consumption. All customers are shown a whole of market
comparison before the switch. There is no obligation to take the
deal.

There was no commission paid by extraenergy for this switch.
There is no financial relationship between extraenergy, The Big
Deal and The Sun.

Saving figures

The saving figures above are based on the savings from switching
from British Gas Standard dual fuel direct debit and dual fuel
receipt of bill as set out in the below table.

All prices correct as of Monday 10th November 2014. All prices
calculated using Energy Helpline.

Figures from Consumer Futures show that the Big 6 energy
suppliers average bill over time has been:

The Big Deal is a collective bargaining organisation for cheaper
energy bills. It brings people together to harness their collective
buying power to deliver lower bills. It launched in March 2014 and
in total there are 30,000 members. Over 60% of whom have never or
hardly ever switched before. It is possible to sign up either
online or over the phone for those who didn't have the
internet.

On 20th October, The Big Deal published research that showed that
the Big Five switching websites (Go Compare, Compare the Market,
MoneySupermarket, uSwitch and Confused) all hide the cheapest deals
from users because they don't get paid by energy companies for
them. The full research including over 200 screenshots taken over
13 weeks can be found at:
https://thisisthebigdeal.com/blog/research-into-price-comparison-websites

The research was covered across the media from Sky News to the
front page splash of The Sun.

About extraenergy

extraenergy launched into the domestic UK energy market on 5th
March, 2014. They also supply energy to SME business energy
customers in the UK. The company uses custom-built technology
platforms and has built an efficient operation to keep overheads
'lean' and deliver savings, which are passed directly on to
customers. extraenergy is part of a group of companies which has
one of the largest energy supply businesses in Germany.